Thursday, November 1, 2007

NOV for NOVEMBER! .... what will you do when oil hits $100!

DAY one of NOVEMBER

They don't call it FALL for nothing...hmmm..... something that should have been brought to our attention yesterday!!! .... we lost our ass today on CORX, we don't call it "crocs" anymore...from this day forward......CORX ... we got screwed!

ok, enough crying over spilt champagne.

THE REST of the YEAR is TECH, OIL, & AG...a few exchanges and the BRAZILINA of CHAZIL! (a brazilian chinese love mix)

NOV for November ... when OIL ... "the play"... goes to $100 what will NOV do?

@ 70 we can't not buy more....seems to have nice support, but what do we know.

BUY NOV for NOVEMBER!

and for our risky, get you asss handed to you, option lovers....BUY

NATIONAL OILWELL VARCO NOV 17, 2007 $ 72.500 CALL (NOVKV : OPRA)

2.50-1.00 (-28.57%).....AND with our BUNGE (BG) taking the leap of faith down over 10% ...BOTD buys BUNGE JAN 19, 2008 $110.000 CALL (BGAB : OPRA) ...5.08 -5.92 (-53.82%) .........lets throw a few soldiers out into the abyss and see what the abyss has to say.

11 comments:

We threw our gay(no offense)pair of CORX, along with my 2 year old daughters jibbet infilled money suckers out the back window. they are currently floating in our pool, while our options sunk in our shit filled toilet.

Our Bull of the Day recommendation is for National Oilwell Varco (NYSE: NOV). Given its strong late-cycle leverage, NOV remains one of our core oilfield machinery plays on the current cycle. With demand for the company's integrated rigs and other drilling-related consumables expected to remain robust over the coming years, both domestically as well internationally, National-Oilwell Varco remains well positioned to capitalize on the current favorable macro backdrop. And with a current backlog of $8 billion, up from $7.2 billion at the end of previous quarter, visibility on the company's long-term earnings growth remains strong. This justifies the company's continued valuation premium relative to peers. Our estimates and price objective stand revised upward, while our Buy recommendation remains unchanged.

HONG KONG (MarketWatch) -- Asian markets fell sharply Friday, hurt by a sell-off on Wall Street. The decline was led by banking stocks such as Mitsubishi UFJ Financial Group in Tokyo and miners such as Rio Tinto and BHP Billiton in Sydney, but shares of Lenovo Group rose in Hong Kong despite broad market weakness after a strong earnings report.

Hong Kong's Hang Seng Index fell 2.4% to 30,747.77, recovering some of its losses after dropping as low as 30,492.31 in early minutes. The 43-issue Hang Seng China Enterprises Index lost 2.6% at 19,641.68.

"While the (Hong Kong) market may enter into a consolidation mode, we expect only limited downside as there is plenty of buying power waiting to get into the bourse," Wilson Wong, an analyst with Taifook Research, wrote in a report.

In China, the Shanghai Composite lost 1.8% at 5,805.39, also recovering after falling as low as 5,762.21 earlier in the session.